The Fed Minutes Fallout: Gold and Banks
In the following video, The Motley Fool's Alison Southwick talks with Fool.com contributor Travis Hoium about the Federal Open Market Committee minutes that were released earlier this week and their impact on gold and the banking sector. The main topic is the Fed's talk of ending quantitative easing, which would severely impact the gold-investing thesis and could have a big effect on banking interest rates. Travis tells us which banks were down on the news and how investors should react.
One of the banks he discusses is Bank of America. Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analyst Anand Chokkavelu, CFA, and Financials Bureau Chief Matt Koppenheffer lift the veil on the bank's operations, including three reasons to buy and three reasons to sell. Click here now to claim your copy, and as an added bonus you'll receive a full year of free updates and expert guidance as key news breaks.
The article The Fed Minutes Fallout: Gold and Banks originally appeared on Fool.com.Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool owns shares of Bank of America and JPMorgan Chase & Co. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.